Specialized protection for all aspects of your business.
Wineries are unique because they have elements of multiple business types, including agriculture, manufacturing, retail, and entertainment, all of which require specialized coverage.
Your insurance should be as unique as the wine you make.
Protecting your winery at every level can be complicated because of the many risk exposures your business faces. Having an insurer who understands the operation of wineries and the specific risks involved can make all the difference to ensure proper coverage and avoiding gaps in your policy.
Increased risks for wineries operating on one plot of land.
A majority of wineries grow, produce, store, and sell their wine on the same plot of land, which opens them up to even more risks should something happen, such as a fire or vandalism. And on top of that, some winery owners live on the property as well, which requires personal liability insurance. Fortunately, there are many coverage options to protect your winery, which include:
- Crop Insurance
- Vine and Trellis Coverage
- Product Recall
- Equipment Breakdown
- Contamination and Spoilage
- Liquor Liability
- Special Event Insurance
- Crime Coverage
- Farm Liability
- Inland Marine
The importance of liquor liability coverage.
It’s important to understand the risks involved, especially for wineries that are open to the public for wine tasting and other special events, where it is essential to have liquor liability insurance. For example, if someone is over-served alcohol and goes on to cause injuries or property damage, this would cover you against potential lawsuits, which can be expensive to defend against such claims.
Insurance for the business side of winemaking.
Another integral part of wineries include the production and manufacturing of wine, as well as the losses associated with that process. From the loss of crops to equipment breakdown, storage, transportation, and spoilage, all of these risks should be accounted for in your winery insurance policy. In addition to the specialized coverages, at the end of the day, a winery is a business. As such, it also requires more generalized business insurance coverages, including workers’ compensation, general liability, cyber liability, and business auto.
To learn more about how specialized insurance can benefit your winery, contact us today.